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democratic strategist-- okay. steve, i go to you because i read the white house reaction to this, and really all they talked about was raising the top tax rates. they had no other things to say, no commendations, no i want to work with you. steve, i know this stuff is not going to be perfect. there's going to be stuff in here that conservatives, supply siders myself won't like. but why does the white house have to obsess about higher tax rates to the exclusion of other parts like entitlement reform and spending cuts? why is this? >> larry, i don't think they are obsessed with higher tax rates they are obsessed with protecting the middle class. john boehner's proposal includes $800 billion in revenue but doesn't specific where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay mor
presidential candidate howard dean, steve moore of the "wall street journal" editorial board, author of "return to prosperity." steve, i begin with you. we have from the "wall street journal" editorial page costco's dividend ta dividend as tax epiphany. taxes matter, steve. even though there are a lot of people in this world who think not. >> they matter a whole hell of a lot. it was very predictable these companies would be starting to pay deluges of dividends now. if you pay them now your shareholders only pay 15%. if you wait six weeks they have to pay as high as 40, 42, 45% depending on where that rate ends up. so taxes do matter. it's affecting behavior. let me sayhist my good friend howard dinos this, laimplarry. when he was a governor he cut taxes not raised them to make his state more productive. you should be advising this president not to raise those rates. >> steve i was hoping to get some help from you. you know very well, one of the things we can both agree on the deficit is out of control. >> that's for sure. >> you know as well as i do that the best deal for deficit hawks, leavin
to be able to compete around the world. >> and then larry, later in the afternoon, our steve leishman sat down with treasury secretary tim geithner. geithner in that interview late in the afternoon made it clear that this is brinksmanship of the highest order. >> i want to understand the administration's position when it comes to raising taxes on the wealthy. those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect for an agreement that doesn't involve those rates going up on the top 2% of the wealthy. it's only 2%. >> reporter: of course, up on capitol hill, republicans don't necessarily agree with that. speaker of the house john boehner said today that he is still waiting for a counterproposal now from the president of the united states. and we learned late this afternoon that in fact speaker boehner and president obama had a phone call today. we don't know, however, what was said in that call. but reports are that some progress is being made in these negotiations. at least co
steve jobs or the next mark zuckerberg. they can create wealth and they can keep that wealth here in the united states rather than having to move it overseas. and they can create jobs in the united states. >> cutting spending is all good. i'm a reagan free market supply side guy, but economic growth is important. wealth is important. entrepreneurship is important. doesn't the gop have to have something more up beat? >> we're acting sort of like it every product is a business principle. a brand is not a logo. it's a promise. once a great company starts going short on its promise, it starts to deteriorate. >> what did they go short? >> i'm partisan. i'm a conservative. i'll admit that. it's built on a broken promise. the promise was that it would stick towards low taxation. it favors success, not punish it. it wouldn't make bargains on those key principles. and once you start to do that, you abandon your customers. in other words, your followers and you're left with a party that there's nothing to believe in. i don't relate to the country i live in right now. i want those guys who c
mulvaney, steve and myself went before the committee, took the bill to pass, the only one to pass in bipartisan support. took it to the rule it's committee. offer this same thing. the only plan with bipartisan support, only plan that passed the house or senate. send it again to harry reid and say take it up. you want to change it's the process working, send it back we'll look at that issue. >> would that -- let me understand. would that bill extend all the tax rates? >> yeah. larry, we passed that bill august of 2012. >> in the summer. >> took that same bill, put it in amendment form, went to the rules committee last night, askedal the rules committee to make an order to offer on the floor tonight on a plan-of-vote on plan b, it was not made in order, even though every republican voted for it and 19 democrats voted for a and we know what we're sending over there is not going to be sent back in the same form. why not send what we're for? >> could have forced a vote in the senate. possibly. >> just as likely as what's we're sending there now harry reid says he's not for. that's the
Search Results 0 to 4 of about 5